Reddit Posts
Sunny Aggregator raked in over $3 BILLION in locked assets in just a few weeks and in return for 16% of SBR rewards earned from that nut they give out their currently useless SUNNY governance token. Amazing times.
Invest in the blockchain coins or their ecosystems?
How does saber USDT-USDC LP pairs provide such high apy?
Traded USDC for SABER (SBR) on Raydium and Disappeared
Mentions
New Hampshire and Arizona both just passed SBR
You could mention about the SBR or say the top performing companies in the world are Bitcoin treasury companies, or let him know the market cap is as large as google / amazon now. People will open their eyes eventually. I just tell them they should study Bitcoin if they want to preserve their wealth, or they don’t have to doesn’t make a dif to me 🤷♂️ lol
Hard to tell, some people say the sudden increased demand, or inflow of money. others point out that the dollar is worth less now and ask for more dollars when selling. Electricity prices can also affect the price since miners need to pay their bills. Sometimes boardroom decisions and political decisions have a direct effect since adding SBR and bitcoin to the balance sheet increases the sentiment. Sometimes Mr Trump announces something that affects the price. That will not happen now though, the next 24 hours he will negotiate peace between India and Pakistan, but maybe after Friday lunch?
Wow I am genuinely surprised Katie Hobbs signed the Arizona SBR bill after vetoing the prior one. Wonder what changed? Maybe it was the backlash she got but damn it is refreshing to see a politician put aside party BS for once and actually be willing to change their vote. This is not just a small state like NH either, AZ is a \~$500 billion GDP economy, roughly equal to about Norway/Thailand/Austria. It's beginning. Altcoiners...come home to daddy Bitcoin...
But not overnight. BTC has risen 28% in a month. The correlation is not lining up. What I think? the New Hampshire SBR is a driver. Other states aren't far behind.
It was just an example to show you that the debasement of the dollar will drive the (dollar) price of bitcoin up, forever. This of course assumes similar demand. I actually do believe in $10 million per bitcoin in 10 to 20 years, but that really depends on mass adoption, the SBR etc. I do believe we are in mass adoption phase right now.
Mods dont like repeat posts in this sub. Isnt just about this one topic. Do you know how many other New Hampshire SBR posts they likely deleted after I posted this one?
Did you read it? US SBR has been approved but hasn't made a single purchase yet (therefore no price action beyond speculation). Definitely excited about US SBR but until it makes a purchase I don't think it will move the needle much. New Hampshire allows for up to 5% of public funds: https://gc.nh.gov/bill\_status/legacy/bs2016/billText.aspx?sy=2025&v=SP&id=707#:\~:text=II.%20%C2%A0Notwithstanding%20RSA,by%20the%20legislature.
Wasn't the SBR deadline meant to be today for the US treasury to outline how it was going to be set up, I must of missed it.
What time is this SBR announcement?
Discussions with US treasury may lead to a SBR in the UK sooner as expected.
tldr; Arizona has become the first U.S. state to pass a Strategic Bitcoin Reserve (SBR) bill, allocating 10% of its public funds annually to Bitcoin to protect against inflation and economic uncertainty. Senate Bill 1025 was approved by the Arizona House with a 31-25 vote and now awaits Governor Katie Hobbs' decision. The move has sparked discussions in other states and influenced Bitcoin's market value, which rose 1% to $94,500. Advocates view this as a step toward financial resilience and fostering a robust digital asset ecosystem. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Hes the dumb one for not...be patient and think of it the same way you would any retirement tool. Just forget it's there and stop looking for the instant profit. Think of it like a 401k or any other retirement vehicle just let it sit there and work its magic. If you asked anyone about Nvidia in 99 or Netflix in 02 they'd probably say the same thing and look how well those investments played out. Countries ,nation states , and institutions are creating SBR. So all these people who run these financial giants are dumb 🙄. If you bought a house in 2018 It would've cost you 5000 btc at the avg of 350k today to buy that same house its now 435k and cost you 6 or 7 btc. So what does that tell you? Its a deflationary asset. Not only did it bridge the gap it costs you way less over time to do the same thing. You cant say the same for fiat if you held that same 350k in the bank you would have lost valuation.
I am bullish on bitcoin, I think the SBR is far more impactful that the market reaction suggested. But this is just pure hopium speculation, something people on this subreddit seem to suffer a lot from.
I also started small, I regret that now 😅 I mean that was way before all these positive developments like SBR, states eyeing BTC, sovereign nations, companies pumping it. Yeah it looks less risky than a few years back even at these prices. Prepare to sit on a 50% loss for like a year as a bad case scenario, it comes back. Any worse economic situation like that and BTC probably is pumping not dumping
Remember Chris Pan who got booed at the OSU commencement speech for bring up bitcoin? [https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction\_to\_chris\_pan\_mentioning\_bitcoin\_at\_osus/](https://www.reddit.com/r/Columbus/comments/1cl4epr/reaction_to_chris_pan_mentioning_bitcoin_at_osus/) They still resent him for it almost a year later, AFTER bitcoin ETF approval and SBR promise: [https://www.reddit.com/r/Columbus/comments/1i2ofax/newly\_released\_emails\_from\_ohio\_state\_detail/](https://www.reddit.com/r/Columbus/comments/1i2ofax/newly_released_emails_from_ohio_state_detail/) Respect the fate people insist on themselves.
It already succeeded. It has ETF. Countries are holding it. U.S even has SBR.
Im convinced The Economist understands what’s going with Bitcoin but they are underplaying it so rich people have a chance to load their bags first. Of course they know that the SBR will be taken up as a legislative priority when US Congress returns from August recess. Of course they know M2 is rising and this fall Bitcoin officially gets that “state sanction.”
The article https://www.economist.com/leaders/2025/04/16/how-a-dollar-crisis-would-unfold Unwalled https://archive.ph/hT8pJ >The world would suffer because the dollar has no equal—just pale imitations. The euro is backed by a big economy, but the euro zone does not produce enough safe assets. Switzerland is safe but small. Japan is big, but has its own vast debts. Gold and cryptocurrencies **lack state backing**. Say hello to my little friend, [SBR](https://www.whitehouse.gov/presidential-actions/2025/03/establishment-of-the-strategic-bitcoin-reserve-and-united-states-digital-asset-stockpile/). Not that Bitcoin needs backing, (it is the asset that will eventually back everything) but I guess these economists just love the state slavery and anything that the daddy government touches is the Holy Grail.
good with need more clueless dumb people to vote for SBR. lets goooooo
You need to update your model, The ETFs and the SBR change things significantly. You can already see how dramatically its changed via the price action this cycle.
I was thinking that Howard Lutnick would be wise to prod the IRS and all govt agencies to accept BTC for the SBR. Talk about hoovering it up to forever lockup…
Agreed. Recent price action has been 100% fear and uncertainty driven. We basically manifested our own correction and made recession indicators flash despite no true underlying issues. It's actually a pretty poignant example of market psychology driving everything. There's no covid or defaulting banks. Tariffs have barely been active. Everyone just panicked because they thought for a second they might have elected a madman who doesn't understand macroeconomics. (He does). Yes he's reckless and this is a dangerous game that could backfire, but there's clearly a plan. But yesterday proved the Trump Put is still a thing and that this is all a negotiation albeit a risky one. Trade deals will get made one by one. Inflation will come in way cooler than expected the next couple months. The fed will ease. The market will regain confidence. All the sidelined money will chase prices up. The SBR will get introduced to Congress and hit the news cycle. The DXY is way down. Global liquidity is up. None of the crazy bullish BTC news we got in February and March got priced in. It's only been a day so the fear hasn't subsided but as price goes up, the greed will kick in quickly. 90 days is a long time in markets. I'm biased because I loaded up on MSTR calls at the bottom on Tuesday. But this is a perfect textbook setup for the next leg up. I'm glad the other posters here are still fearful. Good sign. Time will tell.
*SBR: Strategic Bankrupt and Recession*
I believe it was because trump didn’t even mention the SBR executive order in the first 24 hours of his presidency (Jan 20th) like we all thought was gonna happen.
Lump sum is what gives the best returns in the long run, but yes, with that said, DCA is the best method for most people. Bitcoin wont go down to 40K because of ETF, BlackRock, SAB 21, SBR and so on. The demand for Bitcoin is simply to great imo.
Well you were wrong? The things Trump has done for the crypto space in this short time is incredible. It looks bad right now, but with crypto glasses on, we had Ross freed, Banks can custody your Bitcoin now, we have SBR, chokepoint 2.0 is gone…. I could go on. He has kept all of the promises when it comes to crypto that he made during the election campaign.
The first Bitcoin buy for the SBR is my guess. It will illustrate the pathways (within the budget neutral framework) they intend to do it and the pace they're willing to acquire. If they suggest a budget neutral avenue with a lot of runway behind it, like repricing the US gold reserves, then Bitcoin will moon due to having a lot of firepower to acquire. I do agree with your QE and lower rates being major catalysts ahead as well.
I don't even know where to start with how stupid, shortsighted, and inexperienced this take is. The outlook for crypto currency has literally never been brighter. We have legitimized the space drastically with repealing SB1, so banks can not issue bitcoin and crypto products and hold bitcoin on the books like they can with other financial assets. The SBR was just passed. The president of the US just started a bitcoin mining company and want to provide incentives for other companies to mine btc in the US. Here you are with your finger up your ass pretending that you know what you're talking about. Ususally, do people get rich during bear markets or bull markets? Both. **You need the bear market buying opportunities to have significant bull market gains.** If you aren't buying in a bear market and have the cash, you're just a shortsighted idiot who should let their 401k manager do all of this for you because you are bad at it.
If anything they're more likely to do the opposite and implement a Bitcoin export tax, similar to how some countries have implemented metal export taxes to control domestic supply. With the US implementing a SBR, it would make sense for them to also try and keep Bitcoin in the hands of its citizens.
we got more institution adoptions , we got SBR, we got bitcoin ETF, we got less regulations. If 109k is the top then bitcoin is dead to me.
So you worry about wallets being hacked in the future, and you worry about people walking away from bitcoin due to lack of price go up. Until quantum computing, no wallets will be hacked. Even when quantum computing is here, it remains to be seen how quick it can break sha256. But by the time there will be quantum-proof wallets on the market. As for people walking away from bitcoin.... Since the ETF, money is pouring into bitcoin. We have just had the confirmation that the US is going ahead with the SBR. It doesn't get any better than that. Jees, just stack and HODL. In general, the more you study bitcoin, the better you sleep. I am all in, and I sleep like a baby, even when the price tanks. Wherever you decide to put your money, it is always a risk. Bitcoin is the best asset, when you see that, you stop worrying.
Few things I would add: 1. There are larger whales and Hodlers (who will never sell) like Saylor 2. Depending on which estimates you use 2-5M bitcoins are lost forever 3. If nation-states start buying for SBR they will never sell. 4. Not all 21M is in circulation yet That said I am agreeing with you and just saying it is more scarce than you described.
The bull market has hardly begun. Last cycle most people predicted ATH of \~$125k in 2021 and we still haven't reached that. 4 year average CAGR has dropped to its lowest ever point. Yet talk of SBR and increased corpo adoption is all around hinting we might see a supercycle here. $84k is certainly not expensive, it's more like 99% discounted. This is a $200tn idea trading at $2tn currently. Psychologically it might be easier if you DCAd a small amount every week and set it and forgot about it.
I watch adoption more than price. If there's new corpos converting cash into bitcoin and the SBR finds a source of revenue then the only way is up. At $84k bitcoin is currently heavily suppressed. This should incentivise new entrants to buy in whilst it's on 99% discount. This is a $200tn idea trading around $2tn.
Forever is a long time, so I would bet that there will be more than a few attempts by large organizations or governments to either fork BTC or create their own version and push that as "better". For instance Blackrock has a clause in their ETF that they can choose a forked version of BTC, regardless of market value, and use that for the ETF underlying asset. Think about that. They could fork BTC, pre-mine it, acquiring a large stake, then offer that as Bitcoin to investors. They also have a HUGE stake in the top miners, so they could direct them to mine the forked version, or incentivize it in another way, which would help secure the network and add instant value. Blackrock could pull this off, but IMO, it's a very limited window. Nation state adoption of the original Bitcoin is already underway, solidifying the original version as "digital gold". Once that happens, which it can be argued already has, that window essentially closes. Would countries create an SBR of a forked Bitcoin version that's likely more centralized than Bitcoin? I doubt it. If anything, they'd want to fork their own version and put that in reserves, but that wouldn't be very valuable would it? The more you go down that rabbit hole, the more you start to see how the only way to supplant BTC would be to create a better version AND have BTC fail in some capacity. Otherwise, you're fighting against an entrenched leader with perfect security and widespread adoption. The best opportunity anyone has in the future is developing a "quantum-proof version of Bitcoin", and it would still take original Bitcoin not adapting to the new threat AND being compromised to overtake it. I just don't see that happening, as Bitcoin core developers will forever be ahead of threats. Basically, it's become impossible to offer a better version at this stage and it's difficult to see a future where it's replaced with something better, only something more centralized.
It was weird seeing such a weak pump on the SEC news. But with the SBR news, it pumped to 3.00. That was on a weekend tho so the market is more susceptible to manipulation.
Ukraine war is ending Government isn’t shutting down Global liquidity is increasing SBR I struggle to see much more downside outside of temporary tariff volatility
Not just paper hands, paper brain too. Sell after the SBR announcement is just idiotic.
Nice that means BRICS is forcing USA into the SBR!
SBR. Yes, you read that right. A Strategic Bitcoin Reserve could be a gigantic black swan for Bitcoin. It goes like this: 1- Components of a SBR 2- Reserve paradox 3- Adoption 4- Mistakes 5- Black Swan 1- The Bitcoin reserve should be comprised of only Bitcoin, that goes without saying. Nonetheless, there were announcements of other altcoins to be included. That is a big indication of the following points in this post, because it shows that the government doesn't know much of what they are talking about. 2- Even if they do everything right and they create a SBR comprised of only Bitcoin, you are faced with the following paradox: USA, the mayor economy in the world, has convinced the whole world to use their money (Dollars) as reserve. So the argument that they should have a SBR to protect themselves from the devaluation of the dollar is contradictory. Or at least is confusing for other economies. 3- If they create a solid, Bitcoin only SBR and also they somehow advance beyond the paradoxes, the most probable outcome is that all the other economies will also have their SBR 4- The thing is that for a long long time there were 2 things happening in the world: a fractional banking system and governments who's only concern was how to spend money. If they apply these rules but with a SBR that is a big mistake. See, in a fractional banking system, if a bank branch lends more than they have in their reserves, HQ can simply print more money for them. If HQ is in trouble, the Fed can print more money for them. And governments, banks, buisinessmen in general are all too used to working like thet. But if you try that with a SBR you have: 5- Black swan. That is when a Bank branch, the bank HQ and the central bank, all of them forgot that BTC can't be printed out of thin air. All of them expanded their loans, their spending beyond what they could afford and now they have to pay back. In Bitcoin. You think that this is waaaay too imaginative but governments spend, that's their modus operandi and banks speculate with risk. Believe me that more than one of them will say "don't worry, this risk is manageable" forgetting that with Bitcoin there is no lender of last resort.
Let's go through bullish signals right now. * Gold ATH * M2 on the rise * Tariff damage mostly behind us * SBR established * SBR buying in the works * SAB121 out of the way for banks * Russia using bitcoin * MSTR tapping 21b via a new channel * New ETFs with exposure to companies with 1K+ bitcoin * New ETFs with exposure to convertable bonds from bitcoin companies What am I missing? I'm so ready
Well, for bitcoin 30% fall is nothing to write home about, and even short term (i. e. months) we are almost guaranteed to see upward trend - it is obvious that attitude towards bitcoin changes, so probably new players will enter the market, not mentioning all these SBR plans
Trump's always going to do whatever it takes to advance his agenda. It's wild that any leader of a nation can be so brazen. Decorum and restraint are not in his toolkit! I watched the 4hr hearing on stables v cbdcs. Have not read the details of what the committee has now put forward. I believe there are rules for a) not making them securities b) must be fully backed c) insured. It's going to the Senate end of April so there's still room for revisions I guess. I don't think we'll have any news on SBR/Bitcoin Act until the Stables are sorted.
BTC ETF approved, repeal of SAB 121 so now banks can provide bitcoin custody services and lend against Bitcoin, SBR has been established, U.S. Government will inevitably buy Bitcoin, global bitcoin arms race will take place, the FED will have to print trillions of more dollars further devaluing the dollar. How do you fit hundreds of trillions of dollars of global wealth into 21 million bitcoin? We’re about to find out. Abandon your shit coins and embrace BTC as king.
They’re not using tax-payer money for SBR…
It’s just a phase tbh, it used to have low correlation a decade ago and will have again once SBR is a thing for most big economies
No single reason. Highly-leveraged traders getting liquidated out, causes a feedback loop Retail selling based on sentiment, causes a feedback loop The almighty SBR has been announced and people considered it a 'sell the news' event. Etc. etc. etc.
yeah i mean look, if you're not supportive of bitcoin i get why you don't see the value of a reserve. so the issue is not really there's a SBR, but that you dont see the value of BTC. obviously over the last 15 years other people, CEOs, the SEC, institutions, do see the value, so the question really is what special understand of BTC do you have that other's don't? my bet is, and based on your response, you just don't understand the coin.
I was happy to see [lawfare podcast](https://podcasts.apple.com/us/podcast/the-lawfare-podcast/id498897343?i=1000698711034) had their daily show on “crypto” policy. Cool to hear these kind of people who are usually focused on US global law and constitutional issues speak about digital assets/currency in an unbiased manner. Check it out if you’re interested, but I’m sure most of you won’t hear anything new; this was mostly intended for the uninitiated. They do bring up the SBR.
Do bitcoin cycles still exist even with all the new aspects in the crypto world like institutions and SBR?
A Strategic Bitcoin Reserve (SBR) for the U.S. might seem redundant since the government already issues the world’s reserve currency (the U.S. dollar). However, there are a few potential justifications, depending on how you view Bitcoin’s role in the future financial system. 1. Hedge Against Monetary Instability & Inflation • While the dollar is the dominant global currency, its purchasing power declines over time due to inflation. • Bitcoin, with its fixed supply of 21 million coins, is often viewed as digital gold—a hedge against excessive money printing and long-term currency devaluation. • A Bitcoin reserve could act as a non-sovereign counterbalance to traditional fiat reserves. 2. Diversification of National Reserves • Central banks already hold gold as a reserve asset despite issuing their own currency. The U.S. still holds over 8,000 tons of gold as a financial backstop. • Bitcoin, like gold, is scarce and decentralized, making it a potential complement to traditional reserves. 3. Geopolitical Leverage & Financial Security • Countries like China and Russia are actively moving away from dollar dependency in global trade. • If Bitcoin adoption grows globally as a neutral reserve asset, holding a large Bitcoin reserve could preserve U.S. financial dominance in a world shifting toward decentralized assets. • The U.S. could also use Bitcoin as a financial tool in foreign policy—either to support allies or limit adversaries’ access to scarce digital assets. 4. Encouraging Domestic Bitcoin Innovation • If the U.S. government actively holds Bitcoin, it could drive investment, innovation, and regulatory clarity in the domestic Bitcoin ecosystem. • This would cement the U.S. as a leader in the Bitcoin industry, preventing other nations from gaining a strategic advantage. 5. Future-Proofing Against Global Monetary Shifts • If Bitcoin adoption continues to grow, ignoring it entirely could be risky for long-term economic policy. • Establishing an SBR allows the U.S. to retain control and influence over Bitcoin markets rather than reacting to global shifts after they happen. The main justification would be diversification and geopolitical positioning—ensuring the U.S. remains ahead of the curve if Bitcoin becomes a key global asset.
Genuinely asking your opinion: What function would a SBR serve for a government that already issues the worlds reserve currency? Maybe I just don't see it but I'm struggling to think of a solid enough reason.
Game theory will set in once a large nation state unleashes BTC buys in bulk. The closer to the front of the line, the better off your country will be in the future. Countries late to the party won't have a seat at the table. Two, the US is already spending dollars conjured out of thin air (deficit spending), another 100B is a drop in the bucket compared to the trillions that have been printed since 2020. We waste 100B on much less productive endeavors, a least the SBR has a chance of being a net positive for the country.
I cannot imagine a reason not to support the SBR, I’ve heard no coherent argument against it.
We do have different opinions. Consider: when you started out you didn’t have as much money. Say just as you were starting someone who had much more than you said, “I don’t want Bitcoin to be worth more than $1000, it’s enough for me.” — you’d never have reached this position. That’s essentially what you are saying, you’re wealthy so no need for anyone else to become wealthier. I think you entirely miss the purpose of the SBR and the idea of Bitcoin for the masses.
There is so much idiocy in this post it's hard to figure out where to start. Let me start with this one: the day before his inauguration, Trump launched a rug pull. On his own followers. Do you think that the broader public seeing that trusts crypto more or less after $TRUMP and $MELANIA? I'll leave the other things you mention to othther foljks but I will correct one more idiocy: an executive order is not "signed into law". Congress makes the laws, congress controls the purse strings. That's constitutional. The SBR is not a thing no matter how many performatively sharpy signed papers Trump shuffles around. Until/unless congress passes a bill with both the senate we're not buying magic beans with our tax dollars.
That guy is only about self enrichment. Needs a SBR to drive the price up.
I wonder where we would be at right now if they hadn't signed the SBR.... maybe like 50-60k?
can you feel it? i think we just hit maximum pain as far as sentiment goes... my non-investor normie buddy just texted me about Tesla dumping. Ben Cowen is looking frazzled and looking at targets in the 50k range. anybody who bought into Trump/SBR hype is either confused, angry, or has the IQ of a pigeon. time to push those chips back in--either we're gonna get a relief rally, or the S&P500 fails its cycle and anybody long anything but bonds is gonna get killed
The US just announced an SBR and we’re at extreme fear? Best asymmetric opportunity of all time lmao
There have been a lot of catalysts within the last few weeks and even today (Spanish banks) and yes, even the SBR as that’s what people were hoping for for many years. None of these things had any positive price impact, even minimally, because they are occurring in the midst of a self-inflicted worldwide economic disaster. Until this dies down and/or Trump does a 180 then nothing will change. But remember, crypto is inherently dramatic and volatile so when change occurs, it happens real quick. Block out the noise.
So it looks like you quoted a Wired article? Anyways the reality is the SBR Executive Order allow for budget neutral methods that’s don’t impose any additional costs to the American taxpayer. Budget Neutral =/= Won’t Be Buying
Crazy how even an SBR from the most powerful country in the world is still a “buy the rumor, sell the news event”.
I think it’s mostly macro related, nothing to do with btc itself. Like you said, only good news after good news, so it doesn’t make sense from that perspective. Maybe only that some were ecpecting instant 1 million btc after SBR announcement.
David Bailey is speculating the DOJ could be potentially selling the seized BTC they have in defiance of Trump's EO for a SBR. He is currently seeking clarification from David Sacks right now.
I know this sounds crazy if you’re not orange pilled. But just hold onto as much as possible for a few years. If you NEED the money, then sell the amount you need to sell. There is no need to panic sell the whole stack. In fact it could be a good time to buy a bit and start accumulating. This is the most disconnected market I’ve seen. After the offical signing of a SBR, after the clear distinction made between bitcoin and other shitcoins by the US gov, the first thing price does is to dip. This is the most bullish thing I’ve seen in years and price are coming down. The disconnect and shortsightedness is staggering.
He’s gotta be buying. No way a guy worth at least millions in the investment industry can ignore the SBR announcement.
Nah. SBR kicked off 3 dimensional trading. Bitcoin goes in and out now too
It isn't going to pump shitcoin bags. Also *everyone* seems to be ignoring the mandate to seek out budget neutral ways to acquire bitcoin. If you're a BTC holder the SBR is as bullish as you could reasonably have expected.
Seems like the markets reaction to the US SBR news could indicate that our expectations are a bit off in terms of price movement.
So after the failure of SBR, what is the next thing that could start a bull market? I can't really think of anything else
The btc world will be surprised if it’s ever disclosed that the largest hodlers are the gulf monarchies (specially the UAE) , who have no need to be transparent, and whose rulers and ruling families have vast personal wealth that’s tied to the state and state owned entities and other private institutions . Could potentially dwarf all these “public” figures at a ratio of 1:5. They were way ahead of the curve at a state level even before any of this SBR talk germinated. A few billion invested in Btc about two or three years ago would be a reasonable guess.
SBR is BS, bro. No serious state entity will ever make it a significant part of its strategic reserve... it's just a fad. It only works as a fraction in a portfolio allocation, and even for that who can handle responsibility faced with a 30% drop...look at El Salvador. So, forget about SBR. (Plus that there's the big question of Satoshi wallets and who has the keys...🤭)
While I do believe a lot of the fear in the market has been caused by the Don himself, I don’t believe the SBR is BS at all. You sound bullish yet then call the SBR BS… why is that? I will agree that the market MIGHT be better off with Donald staying away, but it wouldn’t be better off without a strategic reserve.
Most of those things are already here. SBR changes very little.
I think you’ve nailed it. Big ETF sell off. Maybe related to general market downturn and investor confidence but by investors not buying the news like the US SBR? Either way, it’s a sell off. Dang, wish I had the powder to load up!
Utah bill is still a good thing without SBR. It’s like a bill of rights for Bitcoiners and miners. This type of legislation is what we need in all 50 states.
Check most threads talking about the SBR even on the bitcoin sub... people are unhinged.
At the very least you can’t be mad at the guy for not trying to pretend like he knows what he’s talking about. In some sense is both very funny and terrifying, especially when you extrapolate out to other important issues. However when it comes to bitcoin, I don’t think we could have asked for much more from this admin, and we got it in the first 100 days of his presidency. I told my co-worker who likes to complain about the fed, but doesn’t like Bitcoin because he gets hung up on instinct value, that if all this admin did was transfer the current holdings to a SBR I’d be happy. Given that we are still a considerably niche subset of the population anything beyond this without congressional approval would have felt like a step too far too quick, and been a political nightmare. This lays the framework for individual states to follow suit and hopefully we see a handful adopt their own SBR’s starting with Texas.
How would that even work in the context of the SBR? Seems like using the transparent blockchain would be a terrible way to try to embezzle
Say whatever you want, I couldn’t care less. You are the only one who brought up Saylor and SBR. If you think 2025 is going to be bearish for crypto then good for you, sell your bags. I wish you luck
Exactly this. 1. The SBR actually states the US govt can obtain Bitcoin. They just can’t use tax payer money. There are numerous options here for them to stack more. 2. The BTC ETF has been the single most successful ETF ever. Over every single other ETF on the market since launch. 3. Of course people are going to take some profits. Look at the over all stock market. The SPY is almost 10% down since Trump took office and hitting its 200 EMA on the 1D. 4. Taxes are owned soon. The real reason is the market hates uncertainty and nobody brings on uncertainty more than Trump. How many times in the past week has he flip flopped on Tariffs? How many times are you reading something and go great. Sounds like Ukraine wants peace and sign a deal only for Trump to counter act? All this happens daily. This isn’t a crypto issue. This is a whole market instability and crypto is a risk off asset. The first to sell off.
I do not follow or idolise Saylor. The US gov just rolled back choke point 2.0 allowing banks to use crypto. That is a much bigger driver of implementation than the SBR
Bitcoin does not care about the SBR, Blackrock, or USDT. Unlike USD or USDT, it cannot be printed out of this air. Every single Satoshi took work to generate. No pre-mine or other centralized scam that only enriches the pre-miners. The scarcity of Bitcoin and its truly decentralized nature will continue to appeal to people who research the landscape of available hard assets. Our time and energy are ultimately the scarcest assets. Preserving that in a non debasable asset will always be attractive.
You people are your TDS needs serious help. How is he pumping and dumping the market for his own gain? To think the SBR is bad for bitcoin has got to be the most mind numbing retard take I've seen yet.
The SBR has really drawn all the crazies out of the depths of reddit
With the SBR news cycle over now, can all the paper handed bitches now sell at the local bottom already? The 2025 bull cycle is about the to get started in earnest, strap on ladies.
We now have the most crooked pump & dump president ever. His SBR is a really no concrete actions and the summit consisted of the unveiling of a big soccer coin and a bunch of ass licking. Not the kind of catalyst for alt season I was expecting.
Looks like Utah pushed through their SBR bill after all! So far I've not seen anybody talk about it
He did okay with the SBR…now go run away somewhere else and leave it alone.
If the United States let everyone know all of their plans to acquire and regulate crypto, you’d probably see a massive pump. Maybe. I don’t know. In my mind, we got the announcement we needed. The summit was just sorta whatever. Less about BTC and more about shitcoins. The SBR has been announced. The acquisition plan for BTC is being worked on by the secretary of the treasury - not Trump (I say this because everyone feels like Trump destroys everything he touches), and the United States won’t be selling any of their BTC. Massive for the long term. The only ones selling and whining and crying are the short term degens.
you gotta listen to his reasons and make your own decisions. the trust part comes from trusting that the info he gives you is complete, relevant, accurate, and correctly analyzed. if he tells you it's because trump said he'll buy 1 mil bitcoin for SBR but didn't mention that trump flip flops all the time...
Exactly. Let it sink in. Other countries will also follow suit. Trump shenanigans aside, the SBR has been announced and the budget-neutral scope seems to have passed people by. The foundation is set for the medium to long term. This is what we were all hoping for a year or so ago; it’s just that it’s happened in the middle of pretty much a world economic disaster so we need to let Ukraine, tariffs play out and for the market to finally bake in Trump drama (which they already should have by now).
What everybody wanted to hear was an announcement for big buying of various crypto, and what we all heard was 'budget neutral' which means only forfeited coins will be sent to the reserve. That's a negative. Both in that I don't want a federal gov. motivated by bonuses from billionaire crypto bros. to abscond with my coins for some made-up reason, and in that the SBR is mandated not to sell, so utility coins that rely on liquidity will be hampered and less likely to be adopted. Crap. And there was too much talk of stablecoins. No one is getting rich off a stablecoin portfolio
All the people b\*tching on Reddit now are going to pretend they weren't 5 years from now. They'll try to blend in and be like "wow can you believe BTC was trading for only $86k even after the SBR announcement? Those were crazy days."
The SBR is actually here. This was completely unimaginable a few years ago. Raise a glass my friends, WAGMI
The SBR is not “established” it hasn’t “finally happened” We had a White House crypto summit today, which is bullish for the long term. At the summit trump said something along the lines of “I hope lawmakers can put this on my desk by August” People expect their bags to moon over news events, but what about the next FOMC? What about March OPEX? What about the end of QT? What about the DXY finally falling? What about global M2 liquidity reaching a boiling point? All of those things are bullish and are happening right now over the next couple of months. Give it some time. Or, sell your BTC to me, I’ll buy it…